Asia — The Future Center of the World Economy
Asia is by far the most populous continent. It accounts for 56% of the world’s population or 3.31 billion people. By the year 2025 its population is expected to increase by 60% to 5.26 billion or just a little less than today’s world population. Of this population, 42% or about 2.2 billion will inhabit South Asia, 38% East Asia, 5% Central Asia, and 15% Southeast Asia. In other words, the population of India, Pakistan, and Bangladesh will exceed that of China, Japan, Taiwan, and Korea. By the year 2010, around 35% of Asia’s people will reside in urban areas and the number of Asian cities with one million or greater population will be 101, including 38 in China and 24 in India.
KeywordsForeign Direct Investment World Economy Foreign Trade Economic Freedom Purchasing Power Parity
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